Cross River Bank links $2.4B RLUSD to core banking system
The bank says fintechs can access dollar and RLUSD payments through one API, with availability limited to some US states. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
AI summary
Cross River Bank has integrated $2.4 billion in RLUSD, Ripple's stablecoin, into its core banking system, allowing fintechs to access both dollar and RLUSD payments through a single API. The service is initially limited to certain US states. A bank of this size wiring a stablecoin into core infrastructure signals growing institutional adoption of tokenized dollars, which traders may read as a positive for Ripple's ecosystem and stablecoin volumes.
Narrative history
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1H AGOYou’re reading thisCross River Bank links $2.4B RLUSD to core banking systemCryptoSlate · Score 45
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9H AGOCryptoNews · Score 45 · via River, Cross River
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12H AGOCryptoPotato · Score 45 · via River, Cross River
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15 OCT · 18:10Bitcoin.com News · Score 55 · via River, Cross River
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15 OCT · 18:08CryptoNews · Score 45 · via RLUSD Settlement, RLUSD
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15 OCT · 15:07Crypto Briefing · Score 65 · via core banking, banking system
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14 OCT · 13:00The Block · Score 45 · via RLUSD stablecoin, RLUSD
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12 OCT · 21:16Decrypt · Score 35 · via Standard Chartered, Chartered
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12 OCT · 19:30CryptoSlate · Score 28 · via brings Ripple, RLUSD
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12 OCT · 12:09CoinDesk · Score 33 · via RLUSD, custody
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12 OCT · 09:35The Block · Score 39 · via Ripple RLUSD, RLUSD
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12 OCT · 09:30Cointelegraph · Score 30 · via custody, Standard Chartered
